Israelis to sue Facebook for $500B in Australia

07/16/2019

Less than
18 months after Facebook led a draconian ban of all cryptocurrency related
advertising ("Ad Ban"), it turns out that Facebook itself was planning its own
multi-billion-dollar Libra cryptocurrency.

Facebook,
Google & Twitter have been sent legal letters putting them on notice about
this claim for damages exceeding $500 billion, comprising over $350 billion in
investor losses from market drops, over $150 billion in cryptocurrency exchange
revenue losses and untold billions of cryptocurrency project losses.